Stocks pared losses in volatile trading on Monday after data showed sales of previously owned U.S. homes rose more than expected in April to a five-month high.
The Dow Jones industrial average <.DJI> lost 64.24 points, or 0.63 percent, to 10,129.15. The Standard & Poor's 500 Index <.SPX> fell 4.94 points, or 0.45 percent, to 1,082.75. The Nasdaq Composite Index <.IXIC> gained 1.38 points, or 0.06 percent, to 2,230.42.
Shortly after the data was released, the Dow briefly hit a session low that took the index down more than 1 percent. Stocks opened mostly lower amid investor worries about Europe's debt situation after Spain bailed out a local bank.
(Editing by Padraic Cassidy)